pension plan
Americannoun
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a systematic plan created and maintained, as by a corporation, to make regular payments of benefits to retired or disabled employees, either on a contributory or a noncontributory basis.
Etymology
Origin of pension plan
First recorded in 1955–60
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Ever wanted to write a song so huge it becomes your pension plan?
From BBC ● Jul. 11, 2026
Union workers make minimal contributions toward their medical, dental and vision coverage, and get a pension plan based on their years of work and salary.
From The Wall Street Journal ● Jul. 10, 2026
It was a miss, and the adjusted figure excluded $825 million in charges, mainly due to pension plan changes.
From Barron's ● Feb. 17, 2026
However, the share of people with access to a pension plan has fallen to less than 25% and continues to decline, Corebridge Financial reports.
From MarketWatch ● Dec. 12, 2025
Don't expect to find production data, production formulas, detailed outlines of a company's pension plan, or the number of personal computers in a company.
From The Online World by De Presno, Odd
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
